establish the homeowner tax reduction fund.

Summary

The bill would create a homeowner tax reduction fund in the state treasury, administered by the Department of Revenue, to provide a property‑tax rebate for owner‑occupied single‑family dwellings. Each year the rebate amount would be calculated based on the fund’s appropriations and the number of eligible owners, with any leftover money staying in the fund or covering administrative costs. The measure failed and was tabled.

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